Verizon contributed to a round that will help the mobile services company, also backed by Cisco, expand in Europe, South America, Africa and the Middle East.
ItsOn, the US-based operator of a services platform for mobile operators, secured $12.5m in series D funding on Thursday from investors including Verizon Ventures, telecommunication company Verizon’s corporate venturing unit.
Advisory and investment firm Delta Partners Capital led the round, which also featured follow-on investments from existing investors including venture capital firms Andreessen Horowitz and Tenaya Capital.
Founded in 2008, ItsOn’s Smart Services platform helps mobile operators to provide services and offers to IT and business systems. It includes an…
